Oil and gas Local Content Policy…Compliance Unit being contemplatedIn light of recent comments by People’s Progressive Party/Civic (PPP/C) Presidential Candidate Irfaan Ali decrying Government’s failure to prioritise the implementation of a Local Content Policy (LCP), Energy Director Mark Bynoe has stated that the first draft of the Policy was completed.Energy Department Director Dr Mark BynoeBynoe added that Government was also working towards establishing a Compliance Unit to monitor data from the sector and ensure that the oil resources are managed prudently.At a recent press conference on Wednesday, Bynoe further stated that progress has been made to secure Guyana’s resources once the oil industry comes into play. The Unit will ensure that issues of Guyanese are addressed.“The Department is currently setting up a Local Content Compliance Unit. [That Unit will] not only validate the information that is being provided, but also to receive any potential issues or concerns Guyanese contractors or suppliers may have,” Bynoe stated.He stated that while there has been improvement in reports provided by oil companies, there is still more information to be delivered, especially specific data to determine where these resources are streamed into and the benefactors.“In terms of the granularity of the reports that are provided, yes we have seen an improvement, but this was a dynamic process. There is still other granular information that we’ve asked the operator to provide for us, that we’re better able to analyse who is getting what, what is going where, which regions are benefitting more than others and so that even as we seek to build capacity, we can have a more targeted and strategic approach”.On the other hand, Finance Minister Winston Jordan, at a press conference, had stated that while legislation is important, the Government should not make it “the be-all and end-all”.He added that many companies that are coming are not waiting for Local Content and other legislation.In highlighting Jordan’s remarks, Ali said it is unfortunate that such a statement is coming from the Minister as Guyana edges closer to ‘first oil’— as a country that is extremely vulnerable because of the weak legal and regulatory framework.He pointed out that around the world, a LCP is considered a necessary condition when countries are looking to become oil producers so that they can benefit as much as possible from the industry.“It would take less than one year with the help of international organisations to develop such a policy at a cost that we can afford as a nation. The literature on LCP is very explicit on why it is essential for every country involved in the production of oil and gas that is technical and capital intensive,” Ali was quoted as saying.Ali explained that in the absence of direct opportunities from the sector, the Policy allows for countries to create value-added economic activities related to the oil industry. Another important aspect of the LCP is the creation of employment opportunities when investments and entrepreneurial activities are facilitated.Presently, the Energy Director has positioned that the final draft has been completed. It will be provided to the private sector and other pertinent bodies.“The Local Content Policy final draft is completed and is to be presented in approximately two weeks to the private sector and other relevant stakeholders,” Bynoe indicated.ExxonMobil affiliate, Esso Exploration and Production Guyana Limited, is operator of, and holds 45 per cent interest in the Stabroek Block. Hess Guyana Exploration Ltd holds 30 per cent interest, and CNOOC Petroleum Guyana Limited – a wholly-owned subsidiary of CNOOC Limited— holds 25 per cent interest.Meanwhile, more drilling is scheduled for this year and the first Floating Production, Storage and Offloading (FPSO) vessel bound for Guyana— the Liza Destiny— was commissioned.
School District 60 is looking to tweak its annual spring break.- Advertisement -The district’s website currently has a three-question survey, that’s looking for feedback from parents on the current break.Superintendent for School District 60, Larry Espe, says the board held a similar survey last year.[asset|aid=2597|format=mp3player|formatter=asset_bonus|title=f059a514cdea974cabb23ca958077a3a-Espe 1_4_Pub.mp3] Almost 700 people completed the survey last year.Advertisement [asset|aid=2598|format=mp3player|formatter=asset_bonus|title=f059a514cdea974cabb23ca958077a3a-Espe 2_4_Pub.mp3] This year, spring break will run two weeks, starting March 22nd.To complete the short survey, click here. By Christine Rumleskie Espe says most parents indicated they weren’t too concerned that the spring break doesn’t coincide with the rest of the province.However, he says parents were strongly in favor of a consistent two-week long break, and are hoping that the extended break gets linked to the Easter holiday whenever possible.He adds the lengthened break will allow more family time for both teachers and students.Espe says this year’s survey will give the board direction on future spring break scheduling.Advertisement
Tom Carroll Tom Carroll has been ruled out for between four to six weeks after suffering an ankle injury on England Under-21 duty.The Tottenham midfielder, on a season-long loan at Swansea, damaged ligaments after the scoring in the 1-0 win over Czech Republic on Friday night.He will now be out of action until May at the earliest, but is expected to be fit for this summer’s Under-21 European Championship.The 22-year-old has made 18 appearances for the Welsh club this term and Garry Monk has suggested he could be keen on a permanent deal for the Spurs man in the summer.Monk, meanwhile, is also awaiting results of a scan on winger Jefferson Montero, who reportedly suffered a muscle strain playing for Ecuador against Mexico last weekend. 1
1 Manchester City have stepped up their interest in Roberto Soriano but face a tough battle with AC Milan and Napoli for the Italy international.Sampdoria have slapped a high price on the 24-year-old, believed to be in the region of £15m, to ward off interest from Manuel Pellegrini’s side and potential suitors in Serie A.City have been tracking the former Bayern Munich youth star’s progress since the end of last season after Soriano impressed during the club’s rise under then boss Sinisa Mihajlovic.The Blucerchiati are very reluctant to cash in on the versatile midfielder, according to Calciomercato, but Soriano could be tempted to rekindle his relationship with Mihajlovic again at the San Siro.However, a move to the Premier League could also still be on the cards as City admire the Italy midfielder’s ability to play in a number of positions and see him as the man who could play a similar role to the departed James Milner. Roberto Soriano
1 The meeting will be the Wenger’s 48th north London derby Tottenham head coach Mauricio Pochettino believes Arsene Wenger is a “special” manager to have lasted so many years at Arsenal.Wenger has come under fresh scrutiny this week after consecutive defeats to Manchester United and Swansea left the Gunners six points adrift in the title race.Arsenal are also three points behind Spurs in the table but can scrub the gap with a victory over their fiercest rivals at White Hart Lane on Saturday.The meeting will be the Wenger’s 48th north London derby in his 20th season at Arsenal and Pochettino believes the Frenchman has earned his longevity.“It is about the special capacity that Alex Ferguson had and now Arsene Wenger,” Pochettino said.“I don’t know if the capacities of the managers (has changed) or because football has changed, it’s difficult to say.“Maybe they are special people. Maybe Fergsuon and Wenger are special people who are capable of keeping their job for so long. Maybe we aren’t too special.“It’s like Diego Maradona or Lionel Messi. It’s difficult for some players to appear every season like them no?“Maybe when we think of special people like Ferguson or Wenger, maybe it’s not the clubs who are special, maybe the managers are special to keep their jobs.”
The Killotto had no winner this week. The numbers were 18, 19, 28 and 29. There was one match 3 winner. Next week’s Killotto jackpot is €5,500 and Match 3 is €60. You can now do the Killotto online. Visit www.locallotto.ie and go to the Killybegs page. There was no winner of the Bingo Jackpot. Next week is the Christmas Bingo with lots of prizes and the Jackpot will be €2,600 on 52 calls. The A.G.M. will be held in the Tara on the 30th of December and the club will be holding a social night over the Christmas period. The club are holding a fun run/walk 5K in aid of Killybegs Hospice on the 29th of December. Registration is at 11a.m. and the race starts at 12p.m. sharp from the shore rd., car park. It is €5 for an adult, €3 for a juvenile and kids are free. GAA NEWS: KILLYBEGS CLUB NOTES was last modified: December 11th, 2012 by StephenShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:Killybegs club news
4 Keys to a Kid-Safe App 9 Books That Make Perfect Gifts for Industry Ex… john paul titlow 5 Outdoor Activities for Beating Office Burnout Tags:#biz#Reviews Keeping up with every RSS feed item and tweet is hard enough for anybody, let alone someone trying to run a business. That’s why each week, ReadWriteBiz rounds up the most important tech news and insights for small and medium-sized businesses.On Thursday, we took a look at Flow, a new to-do list management Web app that offers collaborative features for small teams. Flow is still in closed beta, but its feature set and well-designed UI may offer real competition for popular tools like Remember the Milk and Things. There’s also a really cool Easter egg hidden on their homepage, if you can find it. Another app we reviewed this week is Sparrow, a desktop Mac client for Gmail that’s intuitive, well-designed and well worth the $9.99 price tag. Small and medium-sized businesses looking for an alternative to mobile payment options like Square and GoPayment now have yet another option in the form of Sage Mobile Payments, which launched this week. Sage enables businesses to accept credit card payments on mobile devices with or without its external plastic card reader. The key difference is Sage’s pricing model, which forgoes the usual per-transaction fee in favor of a monthly payment. A report released by Elance this week shows that SMBs are hiring more than previously expected, and they’re focusing more on mobile programmers, WordPress developers and content creators. The increased demand for things like HTML5 and iPad and Android development is a good sign in light of the impending growth of tablet computer adoption and what it may mean for business Websites.Not only are consumers buying up tablets at a rapid pace, but we’re beginning to see how the iPad and similar devices can be used by businesses. Our own Klint Finley took a look at 10 business intelligence tools for the iPad. Prefer working from home? Next week is National Telework Week in the United States and it’s not too late to pledge that your business will participate. 12 Unique Gifts for the Hard-to-Shop-for People… Related Posts
New York-based private equity firm Siguler Guff & Co. has accused Malvinder and Shivinder Singh, former owners of Ranbaxy Laboratories Ltd., of “diversion, siphoning and digression of assets” in a lawsuit filed in the Delhi High Court. The plaintiff has a 6 per cent stake in the financial services firm Religare Finvest Ltd (RFL).The Singh brothers, who are already involved in another lawsuit against Daiichi Sankyo, allegedly routed money to privately held firms by them through their small-business lending unit, RFL. They are said to have used the publicly traded company, RFL, to lend out 21 loans to companies owned by them or “known” to them worth $300 million. The money was allegedly sent to their privately held firms on the same day.According to the lawsuit, they were using the money to pay their $1.6 billion personal debts, because of which part of Religare and Fortis Healthcare Ltd. is being sold. RFL has been under investigation by the Reserve Bank of India since 2015, according to the lawsuit.The allegations “are completely baseless and we categorically deny them,” Religare said in an email response to Bloomberg. “As the matter is sub-judice we cannot offer more comments. However we will comment further at an appropriate time.”Through the lawsuit, the private equity firm wants RFL to stop lending to Singh brothers and stop the parent company from selling its assets to pay for a potential liability to be pursued by the investor in arbitration, the suit says.The Singh brothers “have been camouflaging the diversion of funds from RFL to meet their personal liabilities under the guise of legitimate business operations,” the lawsuit alleges. The Singhs “are engaged in systematically plundering” Finvest, diminishing the ability of the parent company to honor its obligations, the suit alleges, according to Bloomberg.Siguler Guff and Co., a $12.6 billion private equity firm, is an investor in the Resurgence PE Investments fund through which it owns a 6 per cent stake in RFL. They are suing Finvest to force the corporate parent to honor a provision in its original investment agreement to buy out its stake for about $43.5 million.The Singh brothers are already facing a lawsuit from Daiichi Sankyo for allegedly concealing information of wrongdoing at Ranbaxy when they sold their shares in 2008. The brothers are challenging an arbitration tribunal award granting Daiichi Rs. 2,500 crore in damages in April last year. Related ItemsRanbaxyUnited States
AdvertisementTottenham Hotspurs’ captain and goalkeeper Hugo Lloris was arrested Friday morning and had to spend seven hours in a cell for drinking and driving, missing the day’s training session with the club as a result. The club is said to be furious with the actions of their number one and is considering serious punishment, including stripping him of the captain’s armband.The 31 year old was said to have been out Thursday evening with national compatriots Olivier Giroud and Laurent Koscielny, neither of whom broke the law.Tottenham will travel to Old Trafford on Monday for their Premier League clash against Manchester United, the first ‘glamour fixture’ of the season for either club.While it is almost certain that Lloris will keep his place as the first choice goalkeeper for Spurs, manager Mauricio Pochettino might consider taking away the armband from the French international, having a capable replacement in England international Harry Kane.Lloris has been charged with a two week wage fine that amounts up to almost 300,000 Euros so far, with the club considering more punishment for the Frenchman.Read the full article here :‘Furious’ Tottenham consider serious punishment for LlorisRead also :Football: Italian giants AS Roma auction player jerseys….for KeralaFootball : Cristiano Ronaldo reveals the mistakes he made early in his Manchester United career Advertisement
South African women’s cricket team captain Dane van Niekerk married her teammate Marizanne Kapp on Saturday.The announcement was made by the bowling all-rounder Kapp on Instagram. According to the reports, the wedding was attended by most of their South African teammates.Both the players made their international debut within two days of each other during the 2009 World Cup. Van Niekerk made her debut against West Indies on March 8, while Kapp was handed her first cap for South Africa on March 10.Van Niekerk, who has played 95 ODIs, is the Proteas’ highest wicket-taker in ODIs. She has 125 wickets to her name from 95 matches at an average of 18.86 and an economy rate of 3.51. She was recently declared the South Africa women’s cricket of the year for 2017-18 season.She has also amassed 1770 runs and is fourth on the list of highest run-getters in ODIs for South Africa.In 68 T20Is, the 25-year-old has scored 1469 runs at a strike rate of 94.40. The leg-spinner has also taken 49 wickets at an average of 22.40 and an economy rate of 5.60.Kapp has played 93 ODIs and 62 T20Is for South Africa. The right-hand batswoman has scored 1618 runs in ODIs. She is sixth on the list of highest run-getters for Proteas.advertisementThe medium fast bowler has taken 99 ODI wickets at an average of 24.84 and an economy rate of 3.66.In T20Is, she has scored 600 runs at a strike rate of 93.16 and taken 48 wickets at an average of 19.20 and an economy rate of 5.52.Both players have played only one Test, which was against India in 2014.The duo is the second set of current international teammates to get married After New Zealand’s Amy Satterthwaite and Lea Tahuhu. Satterthwaite and Tahuhu got married last year.